Zargon Oil & Gas Ltd (TSE:ZAR)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.34 and last traded at C$0.44, with a volume of 7745 shares changing hands. The stock had previously closed at C$0.43.

In related news, Director Craig Henry Hansen sold 130,000 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of C$0.42, for a total transaction of C$54,600.00. Also, Director James Peplinski bought 267,088 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were bought at an average price of C$0.52 per share, with a total value of C$138,885.76. Over the last quarter, insiders have purchased 277,088 shares of company stock valued at $143,086 and have sold 442,000 shares valued at $199,665.

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Zargon Oil & Gas Company Profile

Zargon Oil & Gas Ltd. is a Canada-based company, which is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada and the United States. The Company’s reserves are in Canada in the provinces of Alberta and Saskatchewan, and in the United States in North Dakota.

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